About the Rubber Processing Equipment Market
Rubber processing equipment is used to process raw rubber. Processing methodologies include mastication and other methods like mixing, extrusion, and calendering. These processes give shape to the final product. The mastication processing method breaks down the polymer chains to reduce the molecular mass and increase viscosity. This aids in further processing. After the first processing step, several other activities can be executed such as mixing of materials that are ready for cross-linking. With the expected increase in the consumption level of rubber across the globe, it can be inferred that the demand for rubber processing will increase, which will be beneficial for the rubber processing equipment market. Apart from tires and tubes, other automotive components that require the use of rubber products are belts, rubber paddings on doors and windows, and other components. Other products using rubber as a raw material are medical gloves, conveyor belts, roll flooring, and consumer products.
Technavio’s analysts forecast the global rubber processing equipment market to grow at a CAGR of 9.8% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global rubber processing equipment market for 2016-2020. To calculate the market size, Technavio considers the revenue generated from the total consumption of rubber processing equipment globally. The report does not include revenue generated from the aftermarket service of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Blood Coagulation Analyzer Market 2016-2020
Technavio recognizes the following companies as the key players in the global blood coagulation analyzer market: Abbott Diagnostics, Danaher, Roche Diagnostics, Siemens, and Sysmex.
Other Prominent Vendors in the market are: Accriva Diagnostics, Alere, A&T Corporation, Analyticon Biotechnologies, Cepheid, Corgenix, Diagnostica Stago, Helena Point of Care, Instrumentation Laboratory, LABiTec- LAbor BioMedical Technologies, Nihon Kohden, Randox Laboratories, Sekisui Medical, Sienco, Sinduri Biotec, Tcoag, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “Of late, the coagulation analyzers have been undergoing major changes in terms of design and function. The coagulation analyzers available these days are fully automated, with the ability to perform functions such as primary tube sampling, cap piercing, automatic rerun, and dilution. They can perform sophisticated coagulation, chromogenic, and immunologic assays by using a smaller sample and reagent volume compared to the manual techniques.”
According to the report, there has been an increase in the number of strategic initiatives taken up by coagulation analyzer providers worldwide, which has contributed to the growth of the market. These initiatives aim to leverage each other’s unique selling propositions (USPs) such as strong customer bases, technology, strong financial capabilities, and R&D capabilities. This has resulted in many partnerships between companies in order to increase their market shares. These strategies have also helped companies venture into untapped markets, especially in developing countries, to increase their geographical reach by launching products in these countries and leveraging local players' market presence.
Further, the report states that the continuous improvements in coagulation analyzers have resulted in low adoption of the latest versions of these instruments (which include mechanical, optical, and electrochemical coagulation analyzers) owing to the high costs involved in the transformation from manual to semi-automated to fully automated testing procedures, which are required for the smooth functioning of an analyzer.
Bosch Rexroth, Buzuluk, GRM, Kobe Steel, Wuxi Double Elephant,AMCL Machinery, Anant Engineering Works, Barwell, Bharaj Machineries, Farrel Pomini, French, Harburg-Freudenberger, Hevea Engineering Works, JRD Rubber & Plastic Technology, Kelachandra Machines, L&T, Modern Machines, PELMAR Engineering, Perfect Machine Tools, Santec Group, Siemens, Slach Hydratecs Equipment, Troester, VMI Group, and Yizumi.
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